Markets responded positively to recent inflation data, with the S&P 500 seeing a significant upward movement. Key discussions focused on the AI sector, including Perplexity's offer to Google's and Anthropic's peace offering to the U.S. government for its AI agent Claude. Earnings announcements, notably from CoreWeave (CRWV) and Cava (CAVA), were highlighted as potential trading opportunities. The volatility landscape suggests limited high-volatility trading options with subdued implied volatility across major indices. Traders are encouraged to reassess positions and consider strategic plays as the market evolves.